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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (1941)3/4/2001 5:21:41 PM
From: Casaubon  Read Replies (1) | Respond to of 52237
 
I am watching a few set ups. I will post if I enter positions based on the C&H set up. I will use a tight stop out if I do this.

I'm not sure a whole index can C&H, though a bullish upswing would most definately be an important criteria. The nature of the C&H is to identify a market leader during a bull move (at least that is my interpretation). I believe that no more than 1 to 2% of stocks are capable of such a pattern during a given bull move. So, you can see why I doubt that an entire index could put in such a pattern.